Senior Investment Officer, Co-Terminus [Rome, P-4

The advertised position is Co-terminus, i.e., subject to a limited duration and contingent on project funding. The successful candidate will be offered a co-terminus appointment, the duration of which is strictly limited to the period of funding for the specific project and/or assignment. Any extension, if applicable, will be contingent upon the continued availability of the same funding source, the continued existence of the position, and operational needs.

Co-terminus appointments are also subject to a maximum total duration of seven years, including any contract extensions. This type of appointment does not carry any expectation, legal or otherwise, of conversion to any other type of appointment with IFAD, regardless of length of service.

Staff members holding an IFAD fixed term or indefinite appointment are eligible to apply for this co-terminus position, with their terms and conditions of employment, including contractual status, remaining unchanged. Given that the funding of this position is strictly limited in duration and conditional upon the availability of supplementary funds, should the funding cease, the position will be abolished and the staff member concerned will be subject to the relevant provisions set out in the HR Implementing Procedures.

The International Fund for Agricultural Development (IFAD) is an international financial institution, and a specialized United Nations agency dedicated to eradicating rural poverty and hunger. It does so by investing in rural people. IFAD finances programmes and projects that increase agricultural productivity and raise rural incomes, and advocates at the local, national and international level for policies that contribute to rural transformation.

The Department for Country Operations (DCO) oversees the origination, design and management of IFAD investments, including sovereign and non-sovereign operations, as well as the design and implementation of non-lending activities within country programmes, including policy engagement and SSTC. DCO is the department that primarily interfaces with governments, the private sector and other stakeholders to deliver IFAD's programme of work and to provide oversight to ensure quality of the portfolio.

Position Specifics:

IFAD has structured and launched the Agri-Business Capital Fund (ABC Fund) as one of three pillars to drive inclusive smallholder and rural SME finance, as well as create employment opportunities for rural youth and women. Impact Fund investments are core to IFAD's NSO Investment Strategy for IFAD to pursue its objective to mobilize additional concessional funding for agricultural development in developing Member States.

The ABC Fund is a blended capital vehicle anchored by the European Commission (EC), the African, Caribbean and Pacific Groups of States, the government of Luxembourg and the Alliance for a Green Revolution in Africa (AGRA). It is supported by a technical assistance facility also managed by IFAD. By providing loans and equity investments, the ABC Fund aims at bridging the funding gap at the level of SMEs agribusiness companies, financial institutions and farmer organizations in Africa and other developing countries, while the technical assistance facility is expected to address their non-financial constraints.

The incumbent plays a key role in the fulfilment of ABC Fund activities as indicated in the relevant agreement between EC and IFAD. He/she works under the direct supervision of a Lead Investment Officer, PSD, and under the indirect supervision of the Director, PSD.

Job Role

Position specifics:

Under the supervision of the Lead Investment Officer, PSD, the incumbent has a regional technical role in private investment and private sector operational engagements, with particular focus on ABC related activities and associated interlinkages. The incumbent works collaboratively with the regional team, including Country Directors and regionally mapped thematic Technical Specialists, as well as with the rest of PSD staff, to ensure consistency, cohesion and synergy in the application of technical advice and provision of private sector operation and activities.

The incumbent contributes to: a.) the delivery of IFAD's private sector investment activities (Non-Sovereign private sector Operations-NSOs) in the region of focus as well as exceptionally on a global level, as required; b.) advising on, and facilitating, the integration of a private sector development and private sector investment perspective into…